Rubrik (RBRK) director Asheem Chandna awarded 3,709 RSUs and updates holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chandna Asheem reported acquisition or exercise transactions in this Form 4 filing.
Rubrik, Inc. director Asheem Chandna reported a new equity award and updated holdings in Class A Common Stock. He received 3,709 restricted stock units (RSUs) at no cost, increasing his directly held shares to 6,249 after the grant. These RSUs vest in four equal quarterly installments on September 15, 2026, December 15, 2026, March 15, 2027 and June 15, 2027, subject to continued service.
The filing also lists indirect ownership through various entities, including 345,144 shares held by Greylock 16 Limited Partnership and 1,138,098 shares held by The Revocable Trust of Asheem Chandna and Aarti Chandna, UDT 4/13/98. Footnotes state that Greylock 16 GP LLC and related entities, rather than Chandna personally, hold voting and investment power over the Greylock fund positions, and he disclaims beneficial ownership of those shares except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Chandna Asheem
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,709 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 6,249 shares (Direct, null);
Class A Common Stock — 9,296 shares (Indirect, By Asheem Chandna and Aarti Chandna, trustees of the Chandna Children's Trust dated 12/23/2012)
Footnotes (1)
- Represents the grant of restricted stock units ("RSUs") that will vest over a one-year period, in four (4) successive equal quarterly installments on each of September 15, 2026, December 15, 2026, March 15, 2027 and June 15, 2027, subject to the reporting person's continuous service with the Issuer on each such vest date. Greylock 16 GP LLC ("Greylock 16 GP") is the sole general partner of each of Greylock 16 Limited Partnership ("Greylock 16"), Greylock 16-A Limited Partnership ("Greylock 16-A") and Greylock 16 Principals Limited Partnership ("Greylock 16 Principals") and may be deemed to share voting and dispositive voting power with respect to the shares held directly by Greylock 16, Greylock 16-A and Greylock 16 Principals. The Reporting Person is one of the managing members of Greylock 16 GP, and may be deemed to share voting and investment power over the shares held by Greylock 16, Greylock 16-A and Greylock 16 Principals. The Reporting Person disclaims beneficial ownership of these shares and this report shall not be deemed an admission that he is the beneficial owner of such shares, except to the extent of his pecuniary interest, if any.
Key Figures
RSU grant size: 3,709 RSUs
Grant price: $0.0000 per share
Direct shares after grant: 6,249 shares
+5 more
8 metrics
RSU grant size
3,709 RSUs
Restricted stock units vesting in four quarterly installments
Grant price
$0.0000 per share
Price per share for the RSU award
Direct shares after grant
6,249 shares
Class A Common Stock held directly following RSU grant
Greylock 16 LP holding
345,144 shares
Class A Common Stock held indirectly by Greylock 16 Limited Partnership
Revocable trust holding
1,138,098 shares
Class A Common Stock held indirectly by the revocable trust
Greylock 16 Principals LP holding
26,076 shares
Indirect Rubrik Class A holding via Greylock 16 Principals Limited Partnership
Greylock 16-A LP holding
12,270 shares
Indirect Rubrik Class A holding via Greylock 16-A Limited Partnership
Children's Trust holding
9,296 shares
Indirect Rubrik Class A holding via Chandna Children's Trust
Key Terms
restricted stock units ("RSUs"), vest, continuous service, pecuniary interest, +1 more
5 terms
restricted stock units ("RSUs") financial
"Represents the grant of restricted stock units ("RSUs") that will vest over a one-year period"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vest financial
"RSUs that will vest over a one-year period, in four successive equal quarterly installments"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
continuous service financial
"subject to the reporting person's continuous service with the Issuer on each such vest date"
pecuniary interest financial
"the beneficial owner of such shares, except to the extent of his pecuniary interest, if any"
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of these shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What did Rubrik (RBRK) director Asheem Chandna report in this Form 4?
He reported a new equity award and updated share holdings. The filing shows a grant of 3,709 restricted stock units and lists both his direct Rubrik Class A Common Stock position and several indirect holdings through funds and family trusts.
What is the vesting schedule for Asheem Chandna’s new Rubrik RSUs?
The 3,709 RSUs vest over one year in four equal installments. Vesting dates are scheduled for September 15, 2026, December 15, 2026, March 15, 2027 and June 15, 2027, and require his continuous service with Rubrik on each vesting date.
What indirect Rubrik (RBRK) holdings are associated with Asheem Chandna?
Indirect holdings include 345,144 shares by Greylock 16 Limited Partnership, 26,076 shares by Greylock 16 Principals Limited Partnership, 12,270 shares by Greylock 16-A Limited Partnership, 1,138,098 shares by a revocable trust, and 9,296 shares by the Chandna Children's Trust.